The Ultimate 2020 Guide to Selling Products Online - PowerPoint PPT Presentation

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The Ultimate 2020 Guide to Selling Products Online

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To accept online payments, make sure you have a business account and your website is connected to payment gateways like PayPal and Stripe. – PowerPoint PPT presentation

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Title: The Ultimate 2020 Guide to Selling Products Online


1
The Ultimate 2020 Guide to Selling Products
Online
2
  • Here are 6 easy steps to sell products online
  • Pick the Right Product to Sell
  • If you choose the wrong products your efforts to
    successfully run an ecommerce business will go in
    vain.
  • Do market research and find out the trending
    products and services that can help you to earn a
    good amount of profits.
  • It is important to evaluate market demand before
    deciding what products to sell.
  • Say, you have decided to Sell electronic
    components online. Find out whether these
    products are popular among online consumers. If
    the products that you are selling have no growing
    demand, your entire investment will go down the
    drain.

3
  • 2. Choose the Perfect Domain Name
  • If you Sell toner cartridges that are popular and
    in-demand, your online business would still be in
    loss due to the wrong domain name.
  • Making mistakes while choosing a domain name can
    have a negative impact on your search rankings,
    in turn leading to loss of sales.
  • So ensure that you have a catchy domain name that
    is short, has relevant keywords and perfectly
    fits your business.

4
  • 3. Build your Online Store
  • Don't want to deal with the technical hassles of
    starting your online store? Want to quickly
    launch your ecommerce store? Then stay away from
    self-hosted ecommerce platform.
  • Choosing a fully-hosted ecommerce solution is the
    key to quickly open your online store.
  • Say you want to Sell computer hardware online.
    With a hosted platform, setting up and
    maintaining an IT hardware store is easier.
  • From server hosting to website design to its
    launch, everything is handled by the ecommerce
    provider. No worrying about server or website
    maintenance. Just pay a reasonable monthly fee
    and rest assured your website maintenance is in
    safe hands.

5
  • 4. Make Provision to Accept Online Payments
  • To accept online payments, make sure you have a
    business account and your website is connected to
    payment gateways like PayPal and Stripe.
  • Customers love to make purchases from stores that
    have a range of payment options. So don't just
    stick to credit or debit card business
    transactions. Offer other popular payment options
    such as Google Pay, Apple Pay, etc.
  • 5. Make Partnership with Shipping Carriers
  • Any order placed on your store has to be
    delivered to the customers. So for order
    fulfillment, it is imperative to strike
    partnerships with the right shipping carriers.
  • Some of the popular shipping companies include
    FedEx, UPS, USPS, etc. Make a partnership with
    any of these shipping companies and streamline
    your order fulfillment process.

6
  • 6. Marketing
  • If you want to grow your business and reach more
    customers, make sure to adopt a range of
    marketing strategies.
  • From paid marketing to organic marketing,
    consider different marketing tactics to build
    brand awareness and increase sales.
  • Apart from your ecommerce store, you can also
    sell your products on marketplaces like Amazon
    and eBay.
  • Is Dropshipping the Right Option?
  • Worried about inventory management? Don't want to
    rent a warehouse for order fulfillment? Not
    interested in handling packaging and shipping
    orders?
  • If the answer to all the questions is 'Yes',
    adopt Dropshipping, a business model in which a
    third-party supplier takes care of inventory
    storage and order fulfillment. 
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